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HomeMy WebLinkAboutA3659 - DESERT HOSPITAL SUBDIVISION IMPROVEMENT PM 26805 626805 Subdivison Impr. Agr. sert Hospital AGREEMENT #3659 CITY OF PALM SPRINGS CM signed 11-15-96 SUBDIVISION IMPROVEMENT AGREEMENT THIS AGREEMENT, made ,and entered into this day of n oQj,, - , 19_ (o , by and between Desert Hospital Corporation A California Non-Profit Public Corporation and Desert Hospital Corporation, A California Corporation, hereinafter collectively referred to as "subdivider" and CITY OF PALM SPRINGS, a municipal corporation of the State of California, hereinafter referred to as "CITY"; WITNESSETH: WHEREAS, Subdivider has prepared and filed a final subdivision map of Parcel Mao No. _26BO5 in the City of Palm Springs, County of Riverside, for approval by City; and WHEREAS, Subdivider, by said map, has offered for dedication to City for public use the streets and easements shown in said map; and WHEREAS, City desires to accept the streets and easements shown on said map for public use, and certain other such improvements; and WHEREAS, as a condition precedent to the acceptance of the dedication of such streets; and easements by City, Subdivider is required to enter into an agreement with the City to construct certain improvements; and WHEREAS, the total cost of such improvements has been estimated by the City Engineer to be approximately $ 159 , 500 i NOW THEREFORE, IT IS AGREED by and between the parties hereto as follows: 1. Subdivider, at his sole cost and expense, shall construct and install the street, drainage, domestic water, sanitary sewer and other improvements required to be constructed or agreed to be constructed as a condition precedent to the approval of said final map and acceptance of such streets and easements, as shown on the "Improvement Plans for P<srcel Map No. 26805 it, a copy of which is now on file n the office of the City Engineer of the City and which is rof rred to andincorporated herein as though set forth in full. 2 . Sub eider shall furnish to City good and sufficient € executed by a corporation authorized to transact surety AGPA usiness in the State of California on forms approved by City, one in the sum of $ 159 , 500 to assure the faithfulerformance of this Agreement, and one bend in the sum of $ 79 ,750 to assure payment of the cost of the labor and materials for the A-L improvements required to be constructed or installed hereby. �E1 Page 1 of 3 � . Subdivision Improvement Agree, Page 2 of 3df � ��� _t a Ar Both of said b shall be deyy eme/exonerated upon acceptance by the City of the improvements, and the furnishing of a maintenance bond at the time of the acceptance in the amount of $ 23 , 925 . 00 Said maintenance bond shall remain in effect for a period of one year from date of acceptance of the improvements. 3 . Before final approval of street improvements, the Subdivider will place survey monuments in accordance with the provisions of the State Subdivision Map Act and the Subdivision Ordinance of the City of Palm Springs as shown on the Tract Map. The Subdivider, after setting the monuments, shall furnish the City Engineer of the City of Palm Springs, written notice of the setting said monuments and written proof of having paid the engineer or surveyor for the setting of said monuments, or as provided for in the Subdivision Map Act. 4 . In accordance with the terms of said subdivision regulation aforesaid, the Subdivider does hereby agree to furnish a good and sufficient bond in the amount of $ NOT REQUIRED to guarantee payment of the cost of setting monuments as stated in Item No. 2 of this agreement. 5. The City Engineer or his duly authorized representative, upon written request of Subdivider, shall inspect the improvements herein agreed to be constructed and installed by Subdivider, and, if determined to be in accordance with the applicable City standards, shall recommend the acceptance of such improvements by the City. 6. Subdivider shall complete such improvement plans including any corrections and revisions thereto necessary to comply with the applicable City standards as determined by the City Engineer, within thirty (30) days after approval of the final map. 7. Subdivider shall perform any changes or alterations in the construction and installation of such improvements required by City, provided that all such changes or alterations do not exceed 10 percent of the original total estimated cost of such improvements. S . Subdivider shall guarantee such improvements for a period of 'one year following the completion by Subdivider, and acceptance by City, against any defective work or labor done, or defective materials furnished, in 'the performance of this Subdivision Improvement Agreement by Subdivider and shall repair or- replace any such defective work or materials discovered during said one year period. Subdivision Improvement Agreement Page 3 of 3 9 . Subdivider shall commence the construction and installation of such improvements within thirty (30 days from the approval of such "Improvement Plans for Parcel Map No. 26805 of by the City Engineer, and shall complete such construction and installations within nine (9) months from such date of commencement. 10. In the event that Subdivider fails to perform any obligation hereunder, Subdivider authorizes City to perform such obligation twenty (20) days after mailing written Notice of Default to Subdivider at the address given below, and agrees to pay the entire cost of such performance by City. 11. In the event that Subdivider fails to perform any obligation hereunder, Subdivider agrees to pay all costs and expenses incurred by City in securing performance of such obligations, including costs of suit and reasonable attorney's fees. 12 . Subdivider hereby binds itself, its executors, administrators and assigns, and agrees to indemnify, defend, and hold the City harmless from any losses, claims, demands, actions or causes of action of any nature whatsoever, arising out of or in any way connected with the improvements agreed to be constructed and installed hereunder by the Subdivider, including costs of suit and reasonable attorney's fees. IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the day and year first above written. SUBDIVIDER: Desert Hospital Corporation, A California Non-Profit Public Corporation Desert Hospital Corporation, A California Co orati By: By r � ,�y EE�L3. G,iic)'.._�L-B�_)_(o �77-.j ln--,5 �,,. ; By: eAY\Jei",C�e:Q. ��-�.S-7(P rf�J � tIFO tv i- N�Di�4n1 c,; t��/177V .�Y��vl- Address i'!�Lvin SPRIrvc s cAU!--oRNYY4 g2262 City CITY OF SP G ALIFORNIA ( �-1 City Clerk (Ci y Manag r REVIEWED & APPROVED 2US F State of California County of Riverside Subscribed anM1 sworn before me this day of c rc'y1 199(n , by U Verna M. Loeffler ; Comm.#10dA844 NOTARY PIX-CAUFORNV POVEPOW OOUNTY ll COM.E*Jur 21.1M.A Verna M. Loeffler INSTRUMENT OF CRSDTT (Faithful Performance) The undersigned, being a financial institution which is subject to regulation by the State of California or by the Federal Government hereby pledges that moneys to the extent of one Hundred Fifty Nine Thousand Five Hundred Dollars ($ 159,500 ) and on deposit by Desert Hospital Corporation,_A California Non- profit Public Corporatig-rL and Desert Hospital Corporation, A California Corporation , hereinafter referred to as Improver, for the purpose of securing Improver's performance of all the terms and conditions of that certain Agreement for Completion of Improvement Work dated lnoL A,P.._ IS \ 29Ae , by and between Improver and the City of Palm Springs, a Municipal Corporation, an executed copy of which is hereto attached and incorporated herein by reference and that said funds are trust funds for the sole purpose of guaranteeing the payment thereof to the City of Palm Springs or such portion thereof as said. City may request for the completion of the improvements set forth in said Agreement in event of default by Improver. The undersigned agrees that upon receipt of written notice of default by Improver in Improver Is performance of the terms and conditions of said Agreement, signed by the Director of Public Works of said City, the undersigned shall immediately pay said funds or such amount thereof as shall be set forth in said notice, to the City of Palm Springs. The undersigned further agrees that it shall hold said funds on deposit as trust funds for the uses and purposes herein set forth or such amount as may remain, until such time as it receives written notice signed by the. Director of Public Works of said City to the effect that said Agreement has been fully performed and authorizing the release of said funds to the depositor. This Instrument of Credit is executed and delivered in addition to the Instrument of Credit bearing the same date guaranteeing payment of labor and materials under said Improvement Agreement by Improver. By execution and delivery of this Instrument to the City of Palm Springs, the undersigned is relieved of any and all liability , to Improver except as /herein specifically set forth. Dated at l:?w ��aG��o , California, this day of 19LEOLI . By Y1 The undersigned, being the Improver referred to in the foregoing Instrument of Credit, hereby agrees to all the terms and conditions therein set forth and releases the financial institution executing said Instrument of Credit from all liability except as therein specifically set forth. Page 1 of 2 1 M r r. • I• Instrument of Credit (Faithful Performance) Page 2 of 2 Dated at A4n) 5P-AOW6�S' , California, this day of 1114W(i'N , 19 lG Desert Hospital Corporation, A California Non-Profit Public Corporation Desert Hospital Corporation, A California Corpo ation By: By: By: Ap� oveA__� Director of Public Works City of Palm Springs Approved as to form: City Attorney City of Palm Springs State of California County of Riverside Subscribed and sw n before me this 2 ,c4 day of 'M o,rdn 19 9 G , by — ci U Verna M. Loeffler Comm.*1058W O NOTARY P!IC•CALIFORNIIG iG RIVERSIDE COUNTY 11 Corn.Exp.June 23.1999'i 11I'Ed Verna A Loeffler STATE OF U=FOP.P:IF C0U1C"iY OB SAD; =0 SUBSCB.IBM, -AND S4C0ES`; TO BEFOPE AE TtiIS 17TH MY OF ARPIL, 1996, BY MVIB T. BRLEQ. Y Y' �O'Y3:Bbr.G /J KAY J.THORNBUvvRG _ 1+l , comm.##985204 ,y n, NCd'Jl :EGO COUNT NU t6 &.'R PUBLIC COUNTY l(((7777 LAB Uamm,ssi m ErppTres 5-rSRU RY 22, 1997 INSTRUMENT OF CREDIT (Labor and Material) The undersigned, being a financial institution which is subject to regulation by the State of California or by the Federal Government hereby pledges that moneys to the extent of Seventy- Nine Thousand Seven Hundred Fifty Dollars ($ 79 . 750 ) and on deposit by Desert Hospital_ Corporation, A California Non-Profit Public Corporation and Desert Hospital Corporation A California Corporation , hereinafter :referred to as Improver, for the purpose of securing payment to the engineer, contractor, his sub- contractors and to persons :renting equipment or furnishing labor or materials to them for the improvement provided for that certain Agreement for Completion of Improvement Work dated (low 9_ A k� 1gn'-e , by and between Improver and the City of Palm Springs, a Municipal Corporation, an executed copy of which is hereto attached and incorporated herein by reference and that said funds are trust funds for the sole purpose of guaranteeing the payment thereof to the City of Palm Springs or such portion thereof as said City may request for payment to the engineer, contractor, his subcontractor and to persons renting equipment or furnishing labor or materials to them in construction of the improvements set forth in said Agreement in event of default by Improver. The undersigned agrees that upon receipt of written notice of default by Improver in Improver' s payment of payment as above set forth, signed by the Director of Public Works, the undersigned shall immediately pay said funds or such amount thereof as shall be set forth in said notice, to the City of Palm Springs. The undersigned further agrees that it shall hold said funds on deposit as trust funds for the uses and purposes herein set forth or such amount as may remain, until such time as it receives written notice signed by the Director of Public Works of said City to the effect that all said payments have been made and authorizing the release of said funds to the depositor. This Instrument of Credit is executed and delivered in addition to the Instrument of Credit bearing the same date securing the faithful performance of said Agreement for Completion of Improvement Work by Improver. By execution and delivery of this Instrument to the City of Palm Springs, the undersigned is relieved of any and all liability to Improver except as herein specifically set forth. Dated t 5 t o f "ems California, this Ar% day of / ✓1/2t � , 19-/ . Page 1 of 2 YI Instrument of Credit (Labor and Material) Page 2 of 2 The undersigned, being the Improver referred to in the foregoing Instrument of Credit, hereby agrees to all the terms and conditions therein set forth and releases the financial institution executing said Instrument of Credit from all liability except as therein specifically set forth. Dated at YiTLN1 52/ ��s California, this day of 191L— Desert Hospital Corporation, A California Non-Profit Public Corporation Desert Hospital Corporation, A Californl�i�,Corporati"n r By: �/ Doti r�� 6 #141,?,W IRId 361reP By: By: Appk�ove ��� Director f Public Wor s City of Palm Springs Approved as to form: City Attorney City of Palm Springs r State of California County of Riverside Subscribed and swop before me this z a n ck day of aY,o,r c4 19 , i I i Verna M. Loeffler i Comm.#110588" (� C) NOTARY PUSIJC-CALIFORNVG RIVERSIDE COUNTY Comm.Exp.June 23,1999^� Cty),f;k' Verna A Loeffler STATE OF CPTIFOF'r4IA COT`":"_'=� OF SA.; DIEGO SUBSCRIBED AND SGSOT: TO BEFO-PE P:E THIS 17IH DAY OF APPSEr 1996, BY DAVID T. BPTLE1�,. KAY J.THORNBURG COMM.#985204 NOTARY PUBLICCALIFORNU SAN DIEGO COUNTY Nh�Commission Expires F-BRIJA1RY 22, 1997 �3 G� MEMORANDUM DATE: November 18,1996 TO: File FROM: City Clerk PM 26805 SUBDIVISION AGREEMENT The time lapse between the date of the bonds and date of execution by the developer and that of the City and the date inserted in the letters of credit, is due to City Attorney concern that the bonds needed to be in a different form. New forms have since been used for other projects. Developer did not want to start over, since documents were in place. Matter remained unsettled, City Manager discussed with developer (i.e., Mike Fontana) and signed agreement. City Engineer advised that date of the agreement should be date City Manager executed, as it is "effective date" from which the time in which to-complete �the improvements begins. 7- �-DITH SUMICH City Clerk